Identify the Nifty's day 0 for each event and justify it: (a) an FOMC decision at 14:00 ET on a Wednesday; (b) Operation Sindoor, strikes at 01:05–01:30 IST on 7 May 2025; (c) US midterm results, votes cast Tuesday 3 Nov 2026, counted overnight; (d) the US tariff announcement on 2 Apr 2025 after the US close. For (d), the Nifty's largest move came on 7 Apr. What does this imply for your choice of event window?
M12 · Problem 7 ★
Event dates
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